AFREF joined a letter to HUD urging them to adopt enhancements to the FHA COVID-19 waterfall to address the impact of rising interest rates. The post Letters to Regulators: Letter to HUD on Needed Loan Modification Enhancements to Address Rising Interest Rates appeared first on Americans for Financial Reform.
AFREF joined a letter in support of HUD’s proposed amendment to 24 C.F.R. § 203.616, which would increase the maximum payment term of a loan modification from 360 months to 480 months. The post Letters to Regulators: Letter to HUD in Support of Increased Forty-Year Term for Loan Modifications appeared first on Americans for Financial […]
The Paycheck Protection Program, a critical pillar of the CARES Act pandemic relief legislation, failed to equitably distribute money despite an avowed goal of focusing on small businesses, according to a new report from AFREF and six other public interest organizations and labor unions. The post Report: Lessons Learned from the Paycheck Protection Program appeared […]
AFREF and Demand Progress submitted a letter in response to the Federal Reserve’s Request for Information on a Central Bank Digital Currency (CBDC). In the submission, we urge the Fed to consider privacy and fraud protection, and also point to other alternatives to CBDC the Fed could pursue to promote broader financial inclusion. The post […]
A new report finds that the private equity industry owned close to 700 utility-scale power generation facilities in the United States in 2021 that emitted about 200 million metric tons of carbon dioxide annually. The post NEWS RELEASE: Private Equity is Financing the Climate Crisis Away from Public Scrutiny appeared first on Americans for Financial […]
Private equity investment firms have quietly bought up close to 700 predominantly fossil fuel-fired electric power plants, making these Wall Street investment houses major greenhouse gas emitters. The post Report: Private Equity Ownership of U.S. Power Plants: A Hidden Climate Threat appeared first on Americans for Financial Reform.
Watch the video at the link here. The Securities and Exchange Commission (SEC) took a much-needed step forward by introducing new proposed financial protections for investors, including everyday people like nurses, teachers, and firefighters with retirement plans like a 401K, pension or IRA, from climate-related financial risk. Wall Street and fossil fuel firms are already […]
Watch the webinar at the link here. Did you know that climate change poses a hidden threat to your investments, 401(k) accounts, and pensions? We’re all told that being financially responsible means investing in stocks and bonds, and saving for retirement. But if the world goes up in flames, our 401(k)s won’t help us. And […]
AFREF joined Consumer Federation of America and Better Markets in a comment letter in response to FINRA’s request for comment on complex products calling for protections that extend beyond greater disclosures for retail investors who are vulnerable to losing significant amount of money unexpectedly on a number of complex and risky products. The post Letters to Regulators: Letter in Response […]
AFREF joined a letter in response to the CFPB’s Notice of Proposed Rulemaking regarding the Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human Trafficking. The post Letters to Regulators: Letter in Response to CFPB NPRM Regarding the Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human […]